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Economy

Read UAE and international business news with latest updates on economic trends, including growth, inflation and financial markets

The high cost of diesel has forced Cuban farmers to resort to ploughing their fields manually. AFP

Why diesel is the most vulnerable fuel when faced by geopolitical shocks

EnergyJuly 20, 2026

Total sales deals in Abu Dhabi's real estate sector hit Dh86.1 billion in the first half of 2026. Victor Besa / The National

Abu Dhabi property transactions surge 112% to hit Dh117bn in first half of 2026

PropertyJuly 18, 2026

Timely and well-targeted support measures by the UAE have helped bolster its economy, the IMF said. AFP

UAE economy to rebound in second half of year on higher exports, IMF says

EconomyJuly 17, 2026

The Khor Mor gasfield in Iraq's Sulaymaniyah province. Reuters

Iraq warns of 1,400MW power shortage as Dana Gas shuts operations due to 'credible security threats'

EnergyJuly 16, 2026

Customers at a petrol station in Cairo. Getty Images

Egypt's foreign reserves hit record as households await improvement

EconomyJuly 16, 2026

A rare earth metals mine in China's Jiangxi province. The government has tightened controls on the rare materials it considers critical to its rapid economic development.

China's rare earth export curbs may hit $6.5tn in global production

EconomyJuly 16, 2026

Saudi Arabia's capital, Riyadh. The kingdom's economy has been boosted by strong consumer spending and improving business confidence. Getty Images

Fitch maintains Saudi Arabia's rating but forecasts slower growth amid war challenges

EconomyJuly 11, 2026

An artist's impression of Aldar Properties' Yas Point, which will be built over 600,000 square metres. Photo: Aldar Properties

Aldar unveils plans for $1.63bn Yas Point to boost Abu Dhabi's lifestyle appeal

BusinessJuly 10, 2026

EGA's Al Taweelah plant was hit in an Iranian drone attack during the regional war. Photo: Mubadala

EGA restarts production at Al Taweelah alumina refinery

EconomyJuly 10, 2026

Dubai's economic growth highlights the success of the emirate’s 'diversified and agile economic model'. Chris Whiteoak / The National

Dubai's GDP grew to Dh232bn in first quarter despite Iran war

EconomyJuly 08, 2026

Ships near the Strait of Hormuz, as seen from Musandam, Oman, on June 18. Reuters

IMF cuts Middle East growth forecast to 0.7% after Hormuz closure

EconomyJuly 08, 2026

A model of the Stargate UAE data centre project, a joint venture between G42, Microsoft and OpenAI, which is under construction in Abu Dhabi. Antonie Robertson / The National

UAE among world's top 10 recipients of FDI in 2025, UN report says

EconomyJuly 08, 2026

A shopkeeper has his store repaired after Israeli military strikes on the southern Lebanese coastal city of Tyre. Job losses in the country have been distributed unevenly across economic sectors. AFP

Lebanon's private-sector workforce cut by one-third as war worsens crisis

EconomyJuly 07, 2026

A vessel on the Strait of Hormuz as seen from Bandar Abbas, Iran. Traffic on the key chokepoint for global energy exports has been gradually improving. Reuters

Opec+ to raise output for fifth month amid uneasy US-Iran truce

EnergyJuly 05, 2026

Al Tahliya main street in Riyadh. Saudi firms reported a rebound in investor confidence and domestic customer spending in June. AFP

Saudi Arabia's non-oil business activity hits highest in four months

EconomyJuly 05, 2026

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, leads a meeting of L'imad Holding's board of directors. Photo: Abu Dhabi Media Office

Sheikh Khaled approves L'imad's operational framework for strategic investments

EconomyJuly 04, 2026

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